China has reported a major exploration breakthrough after the Chating porphyry copper-polymetallic deposit in Xuancheng, Anhui, emerged as the largest of its kind in the middle and lower Yangtze River reaches. Its estimated copper and gold potential could grow further, helping ease supply bottlenecks and improve regional resource self-sufficiency.
Historian Rana Mitter says the Shanghai Cooperation Organization reflects the evolution of a changing international system. Once mainly a symbolic vehicle for China and Russia to signal distance from a US-led order, it is becoming a forum where Asian powers coordinate around the material foundations of security, including energy, technology, infrastructure and trade.
Shanghai Cooperation OrganizationAsia-Pacificinternational systemenergy and trade
Mixed-load public-block trains on the Chengdu southern route of the China-Europe Railway Express now run regularly, with three to four departures a month. The service crosses Kazakhstan and the Caspian Sea after leaving China through Khorgos, reaches Georgia, and links with cities including Baku and Izmir.
Broadcaster Ray Hadley told a Sydney court that an alleged victim confided in him in 2019 that Alan Jones had sexually assaulted him on several occasions. Jones denies 22 indecent assault and sexual touching charges involving six men. The judge-only trial continues.
Alan Jones trialsexual assault allegationsSydney court
Officials say flash floods in the Grand Canyon have killed two people, while one remains unaccounted for. Rescue work was hindered on Monday by further heavy rain across the region, a seasonal monsoon pattern that often triggers flash floods.
Officials say rescuers saved about 80 people after a major flash flood swept through the Grand Canyon. The bodies of a Texas chiropractor and at least one other person were recovered, while one person remains missing.
At least two people have died after a devastating flash flood swept through the Grand Canyon on Saturday. Search teams are working around the clock to find more than a dozen people who remain unaccounted for.
The National Park Service said one body was recovered after flash flooding at Grand Canyon National Park over the weekend, while crews were working Monday to recover a second body.
Officials say catastrophic flooding in a remote part of the Grand Canyon has killed at least two people, while more than a dozen others remain missing.
Federal and state authorities continued searching Monday for at least 15 hikers and backpackers missing after a devastating flash flood swept through the lower Grand Canyon over the weekend. At least one person died.
Chinese guitar capital climbs stairway to export heaven.
Zheng'an, in China’s rural Guizhou province, may seem an unlikely guitar manufacture and export hub. With more than 144 guitar-related factories, though, the town manufactures one in every seven of the instrument sold worldwide
Chinese guitar capital climbs stairway to export heaven.
Zheng'an, in China’s rural Guizhou province, may seem an unlikely guitar manufacture and export hub. With more than 144 guitar-related factories, though, the town manufactures one in every seven of the instrument sold worldwide
A 16-year-old boy has pleaded guilty to planning a terrorist act after researching a bombing at the Sydney Opera House during the Sydney Marathon. He told the New South Wales supreme court that TikTok content led him to extremist contacts on Telegram. The judge will sentence him on 29 October.
Preliminary ship-tracking data indicates that about five vessels passed through the Strait of Hormuz on Monday, little different from the weekend and well below the roughly 14-vessel 10-day average.
Oil prices climbed about $1 on Tuesday after fighting between the United States and Iran resumed in the Middle East, rekindling concerns that supplies could be disrupted in the world’s key crude-producing region.
Oil prices climbed further on Tuesday as renewed military exchanges between the United States and Iran, along with Donald Trump’s vow to hit Tehran “hard,” raised fears of a wider escalation after weeks of relative calm.
Kremlin Spokesman Dmitry Peskov said mutual benefit is the key factor shaping cooperation between Russia and Kyrgyzstan. He said membership in the Eurasian Economic Union and participation in joint projects with Russia benefit Kyrgyzstan, while mutual benefit remains the best driver of bilateral growth.
RussiaKyrgyzstanbilateral cooperationEurasian Economic Union
The Iran war has changed how cooking gas reaches millions across Asia and Africa. India has kept LPG flowing by reshaping supply routes and increasing domestic output, but the disruption has carried a cost.
The war on Iran has prompted calls for a major expansion of nuclear power. Yet questions remain over whether it is truly clean, whether Europe’s grid can cope, and whether nuclear energy can withstand the effects of climate change.
Flock, a private company, is rapidly expanding its network of AI-powered licence plate readers across the US. About 130,000 cameras are now in place, mostly for law enforcement, prompting privacy concerns and protests.
Nepali rescuers built temporary bridges to access isolated areas and searched the ruins of Himalayan hydropower projects for nearly 300 trapped workers. Almost a week after devastating floods, destruction still stretches across towns and valleys.
Landslides in Nepal on August 26 sent flooding through Tibet’s Gyirong Port. By August 31, deaths in the two countries had reached 950 and nearly 4,500 people were missing, including many pilgrims travelling toward Mount Kailash. The port is a major overland link between Nepal and China and the most popular route for Indian and overseas pilgrims.
New York City Mayor Zohran Mamdani said that a woman carrying multiple knives stabbed two people in Times Square before police used a taser and fired their weapons.
New York City Mayor Zohran Mamdani said that a woman carrying multiple knives stabbed two people in Times Square before police used a taser and fired their weapons.
A major exhibition of ancient Egyptian artifacts at the Hong Kong Palace Museum ended Monday after drawing more than 670,000 visits over nine months. It displayed 250 objects from seven Egyptian museums and featured digital technology for cultural heritage preservation, marking a milestone in China-Egypt cultural exchange.
More than 200 prominent Israelis signed a June letter urging the government to stop attacks against Palestinian civilians in the West Bank, The New York Times reported. The signatories included two former prime ministers, over three dozen retired Army and Air Force generals, former intelligence chiefs, rabbis, a Nobel laureate and a leading novelist. They accused Benjamin Netanyahu’s government of failing to halt the violence and pursuing a policy implicating the military, Shin Bet and police.
Russian forces struck more than 150 seagoing vessels involved in delivering military cargo to the Ukrainian army, along with accompanying patrol boats, during the summer, according to TASS estimates based on Russian Defense Ministry data. At least 70 vessels were hit in August, including a dry cargo ship carrying military supplies struck by attack drones at the port of Yuzhny on August 31.
Argentina star Lionel Messi has announced his retirement from international football, saying the decision is painful but that “the time has come.” The 39-year-old led Argentina to the 2022 World Cup and made 207 appearances for the national team, scoring 125 goals. He will continue playing for Inter Miami through the end of the 2028 season.
Lionel MessiArgentina national teaminternational footballInter Miami
Argentinian football legend Lionel Messi has announced his retirement from international football. In a letter shared on Instagram, he explained how difficult the decision had been. Al Jazeera’s Teresa Bo reports from Buenos Aires.
Lionel Messi has announced his retirement from Argentina’s national soccer team. He played in six World Cups, won the 2022 tournament and appeared in the 2014 and 2026 finals. He will continue playing for MLS club Inter Miami.
Lionel Messi has announced his retirement from international football after leading Argentina to a second successive World Cup final. The 39-year-old said the painful decision was the right one, following Argentina’s 1-0 defeat by Spain in the 2026 final. Messi had captained the team to the 2022 World Cup title.
Lionel MessiArgentinainternational footballWorld Cup
World-renowned footballer Lionel Messi has announced his retirement from Argentina’s national team. He said the decision hurt deeply, but he understood that the time had come to make it.
Lionel Messi announced Monday that he has played his final match for Argentina. The 39-year-old is leaving the national team 20 years after his debut, ending a career with La Albiceleste that produced 98 goals and 38 assists in 142 appearances.
Argentina great Lionel Messi has announced his retirement from international football. The decision came shortly after the death of his father, Jorge Messi, which led the former Barcelona player to reconsider his future.
At 39, Lionel Messi has ended his career with Argentina’s national team. The six-time World Cup player won the 2022 tournament in Qatar and guided Argentina to the 2026 final, where it lost to Spain.
Argentina legend Lionel Messi has announced his retirement from the national team, bringing his international career to an end. He said the decision was painful but that he believed the timing was right. Messi won the 2022 World Cup and the 2021 and 2024 Copa America titles with Argentina; his club career will continue at Inter Miami.
Argentina great Lionel Messi has announced his retirement from international football, saying the decision hurt but that he understands the time has come. He said he had given everything to the national team and now had nothing left to give.
Russia’s first law specifically aimed at supporting AI development took effect on September 1. It regulates the development, deployment and use of AI, defines core industry concepts and establishes general liability for violations. Provisions on regulatory powers, model classifications, content labeling and training requirements will take effect on March 1, 2027.
Phantom scams involve no hacker, crime scene or bank representative on the other end of the call. Instead, a script is used to persuade victims to empty their own accounts; recognising the tactic can help them hang up in time.
The EU should establish a European digital agency to make its existing digital rules work in practice and address the current enforcement gap, experts say in a new paper.
Following a troubling summer marked by the crisis in Ceuta, EU countries are rushing to seek answers on migration management. Reinstating border checks, creating deportation centres outside the bloc and redistributing migrants are set to fuel a heated debate this autumn.
The UN refugee agency says another million Afghans have been forced back from Pakistan and Iran this year. Around six million have returned in less than three years, including people who have not visited Afghanistan for decades or were born abroad. Pakistan and Iran cite undocumented migration, security concerns and economic burdens, while rights groups say registered Afghans are also being swept up.
A morning roundup of important stories from Europe and beyond on September 1, 2026, covering world news, business, entertainment, politics, culture and travel.
Healthcare deal activity is picking up across Asia as private investors, including Hong Kong-based family offices, show stronger interest in advanced technologies such as brain-computer interfaces and surgical robotics. The trend is unfolding alongside China’s biotechnology boom and long-term demand driven by Asia’s ageing population.
For those in need of a reset, destinations across Europe offer restful wellness breaks featuring mineral springs, forest retreats and Mediterranean sunshine.
The main session of the Shanghai Cooperation Organization Council of Heads of State has opened in Bishkek. Kyrgyz President Sadyr Japarov is greeting arriving leaders and has already met Russian President Vladimir Putin. The leaders are set to review 25 years of SCO activity and discuss stronger cooperation in politics, security, the economy and humanitarian affairs, along with international and regional issues.
Russian President Vladimir Putin arrived at the Yrys Ordo Congress Hall in Bishkek ahead of the Shanghai Cooperation Organization summit. Kyrgyz President Sadyr Japarov welcomed him at the venue.
Chinese President Xi Jinping presented a four-point proposal at the Shanghai Cooperation Organization summit in Bishkek. He urged the SCO to prioritize development and shared prosperity, promote common security, counter traditional and non-traditional threats, and deepen cooperation in trade, connectivity, energy, artificial intelligence and the digital economy.
Chinese President Xi Jinping joined leaders attending the 2026 Shanghai Cooperation Organization summit for a group photograph on Tuesday in Bishkek, Kyrgyzstan.
Xi JinpingShanghai Cooperation OrganizationBishkek
Chinese President Xi Jinping joined leaders attending the 2026 Shanghai Cooperation Organization summit for a group photograph in Bishkek, Kyrgyzstan, on Tuesday.
Ark Invest bought $37 million worth of shares in Block. Last month, the investment firm had already purchased a large stake after Block’s second-quarter results prompted it to raise its full-year profit forecast to $12.5 billion.
The OPEC+ seven will raise their September oil production quota by 188,000 barrels per day from August to 31.01 million bpd. The group is completing the phaseout of its voluntary 1.65 million-bpd cut and will continue monthly market reviews, with the next meeting set for September 6.
Indian shares opened little changed on Tuesday as stronger-than-expected domestic growth data offset concerns over rising crude oil prices driven by a fresh escalation in Middle East tensions.
Indian shareseconomic growthcrude oilMiddle East tensions
US Vice President JD Vance said Washington has sufficient capabilities to deal with threats around the world, including China, despite its conflict with Iran. He added that disagreements with Beijing would not prevent the US from pursuing a positive relationship with China.
US is ‘big enough’ to handle threats worldwide, vice president says
FlashTranslated by Minutes
Firefighters in Indonesia have intensified their battle against wildfires across the archipelago, using cloud seeding and water bombing as officials warn of the smoke and haze being produced by the blazes.
On Borneo and Sumatra, more than five million people have been directly exposed to the haze
Firefighters in Indonesia have intensified their battle against wildfires across the archipelago, using cloud seeding and water bombing as officials warn of the smoke and haze being produced by the blazes.
On Borneo and Sumatra, more than five million people have been directly exposed to the haze
The combined wealth of Russia’s richest businesspeople has fallen by $19.77 billion since the start of 2026, according to the Bloomberg Billionaires Index. Mikhail Prokhorov posted the biggest decline, losing $6.45 billion to reach $10.1 billion, while Severstal founder Alexey Mordashov recorded the largest gain, adding $1.43 billion to $27.7 billion.
Glacial collapse in Nepal’s Himalayan region unleashed catastrophic floods of mud and debris, destroying roads, bridges and villages. The government says more than 900 people have died and 3,925 remain missing, while hundreds of hydropower workers are still trapped in tunnels at damaged projects. Rescuers are clearing debris and trying to deliver air and food.
Crews clearing the G216 have reached the final kilometer toward Gyirong Port, where a sharp bend, limited space and fast river currents are slowing progress. China has mobilized 2,141 rescuers to search the mudslide zone, where 16 people died and 546 remain missing after an ice-rock avalanche in Nepal triggered the disaster.
An RAAF flight carrying hygiene kits, shelter materials and solar lights is due to leave for Nepal. Penny Wong says Australia has grave concerns for 43 citizens missing after the Nepal-Tibet flash flood and is working with Nepali and Chinese authorities on the search. More than 4,400 people remain missing and over 930 deaths have been confirmed.
As deadly floods strike the Nepal-China border, fake and misleading footage is spreading across social media. Viral posts include AI-generated material and recycled videos from India, Chile and Alaska. Some have drawn millions of views, exploiting the tragedy for engagement and clicks or helping spread conspiracy theories.
Rescuers raced Monday to reach hundreds of workers believed trapped after catastrophic floods buried hydropower-site tunnels along the Nepal-China border. The rising death toll has left families increasingly desperate as they search for missing loved ones.
Rescuers in Nepal are using explosives to break through a hillside and pumping air into tunnels in an effort to reach more than 600 hydropower workers believed trapped along the Trishuli River. The flood disaster’s death toll has reached 939, while the number missing was revised to 3,925.
Nepal floodsrescue operationhydropower workersmissing people
Nepalese principal Rajendra Dawadi recalls evacuating more than 900 students to safety as devastating floods swept through the area, before seeing his school vanish beneath the water. The floods have killed over 900 people and left nearly 5,000 missing.
Individuals familiar with the facilities said Monday that Motiva Enterprises and Exxon Mobil were taking precautions at their East Texas refineries as a developing tropical storm moved toward the U.S. Gulf Coast, posing risks from powerful winds and flooding.
Europe’s average gas price rose to $744 per 1,000 cubic meters in August, its highest August level since late 2022, as inventories ahead of winter fell to record lows and the Middle East conflict continued. Futures closed at about $840 at month-end, up 18.5% from July 31. The closure of the Strait of Hormuz intensified competition with Asia for LNG supplies.
European gasenergy pricesgas inventoriesMiddle East conflict
A woman reportedly known to New York police for mental health issues, but with no prior arrest record, randomly stabbed two people in Times Square on Tuesday. One victim died before police fatally shot the attacker.
A woman stabbed two people in Times Square, killing one, before police shot her dead, officials said. The shooting was captured on the officers’ body cameras.
Police say a woman stabbed two people in New York City’s Times Square, killing one, before officers shot her. Authorities had not immediately disclosed her condition after Monday’s shooting and planned to hold a news briefing.
A knife-wielding woman stabbed two victims in Times Square, killing at least one person and wounding another, according to a law enforcement official. NYPD officers then shot and killed the woman.
A woman armed with at least one knife slashed two people in New York City’s Times Square before police shot her, according to multiple officials. The suspect and a female victim are dead.
Authorities said two people were stabbed at 42nd Street and Seventh Avenue. The woman allegedly ran north toward an NYPD substation, where officers confronted her and shot her.
Authorities in Manhattan shot a woman near Times Square on Monday afternoon after she allegedly slashed at least two people, city officials told NBC News.
AfD lead candidate Ulrich Siegmund wants to make Saxony-Anhalt a model for right-wing extremist politics across Germany. Polls put him ahead before Sunday’s state election; an AfD majority could produce postwar Germany’s first far-right state government. Its plans include deportations, cuts to pro-democracy NGOs and compulsory work for refugees, though their legal feasibility is disputed.
Bitcoin remained above $78,000 as Ether, Solana, Tron and Dogecoin lost ground over 24 hours amid bets on a hawkish Federal Reserve. HYPE gained about 4%, while Bitcoin was flat for the week after rising 24% in August.
China-founded global online fashion giant Shein made an underwhelming debut on the Hong Kong Stock Exchange, with its shares falling after a years-long effort to enter capital markets.
Fast-fashion giant Shein fell almost 8% on its first day of trading in Hong Kong after unsuccessful efforts to list in the US and UK. The offering raised HK$13.6bn and valued the company at $26.3bn, as labour, environmental and regulatory concerns, competition and trade tensions weigh on its prospects.
Fast-fashion retailer Shein’s shares fell 10% on their Hong Kong trading debut after the company completed its long-delayed initial public offering at a bargain-basement valuation.
Shein Global Holdings Ltd. shares dropped as much as 10% in their Hong Kong debut. The initial public offering had raised HK$13.6 billion, or $1.7 billion.
A federal judge has ruled that J.M. Smucker may continue its lawsuit against Trader Joe’s, which alleges that the retailer’s frozen sandwiches are too similar to Smucker’s Uncrustables products.
Kalashnikov Concern presented a model of the AK-12+ assault rifle at the Eastern Economic Forum in Vladivostok. The 5.45 mm rifle is designed for improved firing precision, includes modern electro-optical sights for day and night use, and is being prepared for mass production for special units.
Kalashnikov ConcernAK-12+assault rifleEastern Economic Forum
A Las Vegas jury convicted former gang leader Duane “Keffe D” Davis in the 1996 murder of Tupac Shakur. Prosecutors said Davis arranged the revenge attack and handed a gun to men in the car; his later accounts of the killing helped revive the case.
Former gang leader Duane “Keffe D” Davis has been convicted of murder with a deadly weapon for orchestrating Tupac Shakur’s fatal 1996 drive-by shooting in Las Vegas. Davis, who said he would appeal, was accused of ordering the attack and supplying the gun used by his nephew. The verdict is the first conviction in the nearly 30-year-old cold case.
A jury found Duane ‘Keffe D’ Davis guilty of first-degree murder in the 1996 killing of hip-hop icon Tupac Shakur. The verdict ends decades of speculation and conspiracy theories among fans worldwide; Davis is expected to appeal.
A jury found Duane “Keffe D” Davis guilty of first-degree murder in the 1996 killing of hip-hop icon Tupac Shakur. The verdict ends decades of speculation and conspiracy theories surrounding the high-profile case, which remained unresolved for nearly 30 years. Davis is expected to appeal.
After two hours of deliberation, a jury found 63-year-old Duane “Keffe D” Davis guilty of murdering rapper Tupac Shakur in 1996. BBC presenter Anoushka Mutanda-Dougherty describes the atmosphere inside the courtroom as the verdict was delivered.
A Las Vegas jury found former gang leader Duane “Keffe D” Davis guilty in the murder of rapper Tupac Shakur. Davis was accused of orchestrating the killing and is the only person ever tried or convicted in the case.
A jury has convicted Duane “Keffe D” Davis of orchestrating the 1996 killing of rap icon Tupac Shakur. It is the first conviction in a case that has held hip-hop fans’ attention for decades.
US Treasury Secretary Scott Bessent told Russian Finance Minister Anton Siluanov that Washington and Moscow could not reach agreements, or provide Russia with economic relief, until the Ukraine conflict ends, Reuters reported citing a source. The discussion took place alongside the G20 finance ministers’ and central bank governors’ meeting in Asheville, North Carolina, and covered financial cooperation and other issues.
Scott Bessent reportedly told Russia that it would receive no economic relief until the war in Ukraine ends. The meeting highlighted Washington’s willingness to reopen diplomatic talks with Moscow, while Europe intends to isolate Russia as the war continues.
Russian Finance Minister Anton Siluanov made a surprise appearance at US-hosted G20 finance talks in Asheville, North Carolina, and met Treasury Secretary Scott Bessent. European officials criticised his invitation, skipped the traditional group photo and warned that Russia’s return could signal an attempt at normalisation.
Algerian President Abdelmadjid Tebboune has asked for a penal-code amendment allowing the death penalty for people convicted of deliberately starting forest fires. The move follows wildfires in northeastern Algeria that killed at least 12 people and injured 54. Authorities suspect some blazes may have been intentional, while 46 fires remain active.
Trump Jr.’s 1789 Capital is reportedly leading a $1 billion funding round for Polymarket, contributing about $300 million in addition to an existing stake worth roughly $200 million. The prediction market’s valuation has risen from $15 billion to $21 billion.
At least four people were killed after Russia launched ballistic missile attacks against Ukraine’s capital overnight. The barrage was the latest in a run of daily strikes across several Ukrainian regions, as Kyiv struggles to stop some aerial attacks amid shortages of interceptor missiles.
Ukraine’s rail chief said a Russian “ballistic strike” hit a rail depot in Kyiv, killing at least seven people. Earlier, Ukrainian officials reported at least four dead and more than a dozen wounded in what they described as a “massive” Russian missile and drone attack on Kyiv and nearby areas.
Russia has begun the mass rollout of its digital ruble, with major banks and retailers opening infrastructure for transactions and individuals able to choose the new currency format. The system will expand in stages, with all credit institutions joining by September 2028. Individual payments and transfers are free, while businesses are exempt from fees through the end of this year.
A South Korean lawmaker said North Korea and the United States appear to be showing signs of restarting dialogue after he received a briefing from Seoul’s intelligence agency on Tuesday.
Kremlin spokesman Dmitry Peskov said the Shanghai Cooperation Organization has continued expanding because its members share ideas about building bilateral and multilateral relations. He said the group’s appeal lies in an approach based on law, mutual agreements, respect and benefit rather than rules imposed by one side.
The Smithsonian Institution approved converting one of its buildings into the National Museum of the American Latino, allowing the project to proceed without congressional approval for a new location.
Residents and environmental groups opposing Madrid’s new Madring Formula One circuit say tests produced noise nearly twice the legal limit and warn of traffic and environmental damage. City and regional authorities defend the €83m track’s economic benefits and promise measures to reduce disruption during the Spanish Grand Prix.
Icelanders voted 52.8% to 47.2% against reopening EU accession talks, dealing Brussels a setback but not signaling a wish to isolate the country from the bloc. Through the EEA and Schengen, Iceland already shares much of the EU’s economic and regulatory framework. Fishing interests drove opposition, while Reykjavík and the rest of the island divided sharply.
Analysts warn that the agreement involving 65bn barrels may fail to attract investment from US groups and could destabilise Venezuela’s interim president.
An unprecedented arrangement giving the United States access to one-fifth of Venezuela’s oil reserves, along with a central role for a Venezuelan businessman, is causing questions and hesitation among some oil companies considering investments in the country, people familiar with the matter told Reuters.
The White House says Venezuela's interim authorities awarded North American Blue Energy Partners, which is backed by the United States, 100-year concessions covering 17 oil fields.
Venezuelan crude exports rebounded in August as US President Donald Trump’s administration moved to seek greater control over the country’s oil sector.
Donald Trump says Venezuela’s oil wealth, which he describes as being of “unbelievable value,” had remained dormant before a deal with the United States. He adds that US refineries are designed for Venezuelan heavy oil, calling heavy oil a good thing rather than a bad one.
Today’s Big Take podcast examines whether a settlement involving Meta and scrutiny of TikTok could reshape social media and signal a shift in online child safety.
A controversial financing deal between luxury carmaker Aston Martin and BlackRock-owned credit firm HPS has triggered opposition from bondholders and set up a high-stakes legal battle.
Bear attacks in Japan reached a record high between April 2025 and March 2026, leaving 13 people dead and more than 220 injured. Areas vulnerable to encounters have begun installing AI-equipped cameras in forests near residential neighborhoods to identify bears and alert authorities.
Expectations that the US Federal Reserve will raise its target interest rate by a quarter percentage point this month have grown after Fed chairman Kevin Warsh spoke last week. CME’s FedWatch tool showed the implied probability had doubled, with markets pricing in a 60% chance, prompting Hong Kong’s property market to prepare for the possible impact.
Hong Kong propertyFederal Reserverate expectations
SSouth China Morning PostOriginal★★☆☆☆2026-09-01 04:00
Hong Kong property market braces for rising Fed rate expectations after Warsh comments
Adult activity books are booming by combining puzzles, pop culture and mysteries. The success of Murdoku reflects a demand for screen-free entertainment and a playful way to exercise the mind.
As XRP rallied 40% toward $1.40, outstanding futures positions outside CME dropped by more than 500 million tokens over two weeks. Exposure on the regulated U.S. exchange rose by about 36%.
Nasdaq-listed DeFi Development Corp plans to raise $20 million through a preferred stock offering. The company says it intends to use the proceeds to acquire more Solana and other crypto-related investments.
DeFi Development CorpSolanapreferred stock offering
Nepal’s landslide death toll has climbed to 974, China Central Television reported, citing the latest figures from Nepalese police. The toll was recorded at 8 p.m. local time on August 31. Preliminary reports say flooding in northern Nepal began after a landslide near the China border, about 20 kilometers northwest of the Rasuwagadhi crossing.
Three rescue dogs with paw abrasions and worn-out protective boots are continuing the search at the Gyirong Port mudslide site in Xizang. Despite harsh terrain, cold, fog and the risk of secondary disasters, they are helping teams inspect debris, mud-covered blind spots and ravines for missing people after receiving medical treatment.
The State Department says roughly 80 Americans remain unaccounted for after catastrophic flooding in Nepal, while 13 have reached safety. Nepalese officials report 903 deaths, about 4,200 people still missing and more than 10,000 rescued, including foreign nationals.
Rescuers worked through mud and debris Monday after devastating glacial floods along the China-Nepal border killed more than 900 people. Nearly 4,500 remain missing, while teams continue a desperate search after entire communities were swept away.
An American couple who escaped the flood alive shared video of their ordeal. NBC News correspondent Janis Mackey Frayer reports on the urgent effort to rescue survivors.
Japan’s benchmark bond yield has reached 3% for the first time since 1996. US Treasury Secretary Scott Bessent signalled that he expects the Bank of Japan to raise rates soon.
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